But there still has been some exceptions with different buyers due to their strength as a borrower. So there can very well be some compensating factors to get that buyer approved. So do not hesitate to right an LOE (letter off explanation) about the file. This way you make a story behind the file before the underwriter makes there on determination of what the story may be.

Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site.
These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them
make an informed decision when buying or selling a house. ActiveRain, Inc. takes no responsibility for the content in these profiles,
that are written by the members of this community.